747 Market StTiffin, OH 44883

  • Bowling alleys
  • 20,950 SF
For Sale
$649,990 View listing

Property Details for 747 Market St

Year built
1950
Construction
FRAME
Lot size
0.88 AC
Property size (Sq ft)
20,950 SF
Property type
Bowling alleys
APN
Q53030360240000
APU
Q53030360240000

Description

This exceptional 20,950 square foot commercial property is ideally situated in Tiffin, Ohio's thriving West end commerce area at 747 W MARKET Street. The building presents a significant opportunity for a variety of commercial ventures, benefiting from its prime location and high visibility. The sale price of $649,990 represents a compelling investment in a robust market. It's important to note that all interior fixtures, equipment, and lanes are sold separately from the real estate itself, allowing for customization to suit the buyer's specific needs and business plan. The property sits on a 0-acre lot, but additional adjacent property is available, providing potential for expansion or improved access with additional ingress/egress points. This strategic location within a growing commercial district offers excellent potential for return on investment. Furthermore, this property may be eligible for the Community Reinvestment Area program, potentially offering further financial incentives. Serious inquiries are encouraged to explore this remarkable commercial opportunity in detail. The property's size and location make it suitable for a wide range of commercial uses, offering a blank canvas for a discerning investor or business owner.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,546,860
    Hospitality
    $3,248,904
    Educational
    $2,703,050
    Medical
    $2,796,012
    Retail
    $4,204,745

Location Insight

City
Tiffin
County
Seneca
State
Ohio
Latitude
41.1103
Longitude
-83.2071
CBSA code
45660
CBSA name
TIFFIN, OH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,534
$10,790
$64,920
$75,710
-
$30,840
$185,480
$216,320

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